SpaceX has secretly submitted an IPO application and plans to go public ahead of its AI competitors.

According to informed sources, the space exploration technology company has secretly submitted its initial public offering (IPO) application, bringing Elon Musk's company one step closer to completing the largest IPO in history. The sources said that the company has filed an IPO registration statement with the U.S. Securities and Exchange Commission, with a potential valuation for the IPO exceeding $1.75 trillion. SpaceX's IPO could raise up to $75 billion, and the company is considering using a dual-class share structure at the time of listing, which could give Musk and other insiders additional voting rights to control company decisions.